Aspen luxury condo sells for just shy of $15 million

120 N. Spring St., units 7 and 8
Rick Carroll/The Aspen Times

“What’s the Big Deal?” runs Mondays and is based on the week’s most expensive property transaction recorded in the Pitkin County Clerk & Recorder’s Office.

Price: $14.995 million

Date recorded: Oct. 20

Address: 120 N. Spring St., units 7 and 8

Neighborhood: River Park in Aspen

Buyer: Marlene Malek Trust

Seller: Elaine Levitt Gershman

Property type: Condo

Year built: effective, 1992; actual, 1994

Total heated area: 8,832 square feet

Assessor’s office actual value: $15,131,300

Assessor’s office assessed value: $1,081,890

Property tax bill: $38,652

Source: Assessor’s Office and Pitkin County Clerk and Recorder’s Office

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Last residential lot in Palm Beach neighborhood sells for $9.4 million


A spec house is planned for lot sold by Dan and Karen Swanson, who lived on the property and developed the Phipps Estate residential enclave.

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The sole property that hasn’t been redeveloped in Palm Beach’s Phipps Estate neighborhood has sold for a recorded $9.4 million.

With a cottage dating to the 1920s, the property at 205 Via Tortuga changed hands for its land value, according to the deed recorded Friday.

The buyer will develop on speculation a French country-style house already designed and approved by the town for the site, according to the real estate agent who handled the sale.

The buyer’s identity was not immediately revealed in the information about the sale posted on the Palm Beach County Clerk’s website. Agent Jim McCann of Premier Estate Properties, who handled both sides of the transaction, declined Sunday to identify the buyer.

The irregularly

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Elon Musk Sells the Gene Wilder House to Wilder’s Nephew

Much as he’s done in business, Elon Musk appears to be blazing his own trail when it comes to buying and selling houses. After listing all six of his Bel Air estates earlier this year to much fanfare, the Tesla and SpaceX tycoon is proving the naysayers wrong, slowly but surely unloading each of the properties — all without the aid of a realtor, apparently.

Four months ago, Musk sold his largest Bel Air mansion to Chinese billionaire “William” Ding Lei for $29 million in cash. Now records reveal he’s unloaded a second house, the former Gene Wilder estate, for exactly $7 million in another off-market deal. That’s $250,000 more than he paid for the property in 2013, a profit that quickly evaporates once taxes and seven years of upkeep costs are factored into the equation.

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Vacant lot sells for $9 million at former Kluge estate subdivision


The Palm Beach lot just sold was the fourth of six subdivided by Sir Peter Wood from an estate once owned by the late billionaire John Kluge.

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Another vacant lot has changed hands in the Estate Section subdivision carved from the former Palm Beach estate of the late billionaire John Kluge.

The interior lot sold for $8.964 million, the price recorded Thursday with the deed. The lot lies immediately west off the cul-de-sac that terminates Middle Road. The lot also stretches south into the subdivision.

Measuring seven-tenths of an acre, the parcel at 86 Middle Road is the fourth to sell in the six-lot subdivision spearheaded by Sir Peter Wood, a British insurance magnate turned real estate developer who lives near the property.

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After five years and thousands of hours of negotiations, Hudson County has sold the Koppers Coke Seaboard site in the Kearny meadowlands for $28 million.

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Buyer of 220 Brazilian Ave. plans to complete two luxury townhomes already planned for the property.

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A Midtown lot where a luxury townhouse duplex is in the initial phase of construction has sold for a recorded $6.6 million. And the new owner plans to complete the townhomes, according to those involved with the transaction at 220 Braziilian Ave.

The lot measures about four-tenths of an acre and is the second property west of South County Road.

Palm Beacher Richard J. Kurtz controls the limited liability company that bought the property, according to the deed recorded Monday and state business records.

The property was sold by a limited partnership associated in property records with the Palm Beach developer and real estate agent Christopher Deitz and the Pantalone real estate family of Canada.

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Duplex Sells at Vornado’s 220 CPS Condominium for $65 million

220 Central Park South (Getty)

220 Central Park South (Getty)

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The unit, which occupies the eighth and ninth floors in the “villa” portion of the condo, went into contract in February 2018, according to property records. It closed this October for $65.6 million.

The buyer, named only as ENKA Residence LLC, secured a $32.5 million mortgage from Bank of America, records show. The acquirer’s address was listed care of Gregorgy Fescina at Nima Capital, a family office that invests in real estate assets. Reached by phone, Fescina said he was not aware of the transaction, and hung up.

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The commercial real estate asset portfolio of RMZ is valued at about $10 billion, according to The Hindu newspaper of India.

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